Political economy, development, and business

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    Shadow carbon pricing can help development banks reduce emissions in Mexico and beyond

Shadow carbon pricing can help development banks reduce emissions in Mexico and beyond

Carbon pricing offers development banks like Mexico’s NAFIN a way to encourage organisations to reduce emissions through adoption of improved technologies and practices. But these positive effects could be further reinforced by encouraging companies to adopt shadow prices, writes Cesar Espinosa García (Nacional Financiera).

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    El Plan Nacional de AMLO para México es motivo de optimismo

El Plan Nacional de AMLO para México es motivo de optimismo

López Obrador y su equipo multidisciplinario proponen políticas económicas y sociales inclusivas que buscan reactivar la inversión y mejorar la competitividad y la equidad. Pero también explican cómo estas políticas se financiarán a través de reducciones en costos operativos y medidas anticorrupción, escribe Graciana del Castillo (CUNY).

AMLO’s National Plan for Mexico is a cause for optimism

López Obrador and his multidisciplinary team propose inclusive economic and social policies that aim to reactivate investment and make the Mexican economy more competitive and equitable. Crucially, he also explains how such policies will be financed through reductions in operational costs and in corruption, writes Graciana del Castillo (City University of New York).

Wellbeing inequality in retrospect

Rising trends in GDP per capita are often interpreted as reflecting rising levels of general wellbeing. But GDP per capita is at best a crude proxy for wellbeing, neglecting important qualitative dimensions. This column explores the long-term trends in global wellbeing inequality using a new dataset. Inequality indices reflecting various aspects of wellbeing are shown to have been declining since […]

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    Los peligros económicos de la victoria de Iván Duque en Colombia

Los peligros económicos de la victoria de Iván Duque en Colombia

El programa de Iván Duque podría resultar en una mayor concentración del poder tanto político como económico. Su énfasis en las industrias extractivas no responde a desafíos claves como la baja productividad, los bajos salarios y la desigualdad extrema, escribe Tobias Franz (Universidad de los Andes).

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    Is socialism to blame for Venezuela’s never-ending crisis?

Is socialism to blame for Venezuela’s never-ending crisis?

Though ’21st-century socialism’ is implicated in Venezuela’s collapse, so too are many characteristics of the country’s context, capitalism, and culture, writes Asa Cusack (LSE Latin America and Caribbean Centre). • n.b. republished courtesy of Al Jazeera; Creative Commons licence does not apply

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    Engineering growth: innovative capacity and development in the Americas

Engineering growth: innovative capacity and development in the Americas

The generation and diffusion of scientific knowledge and technology are assumed to be drivers of modern economic growth, but there is a lack of firm empirical evidence of this. Drawing on their contribution to the 2nd Annual LSE-Stanford-Universidad de los Andes Conference on Long-Run Development in Latin America (16-17 May, 2018), William F. Maloney (World Bank) and Felipe Valencia Caicedo (Bonn University) discuss how they use the first […]

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    Banking on a ‘shithole’: US-led racial capitalism in Haiti began long before Trump

Banking on a ‘shithole’: US-led racial capitalism in Haiti began long before Trump

City Bank’s history in Haiti shows how racial ideology and economic policy have long coalesced to justify colonisation in Latin America and the Caribbean, writes Peter James Hudson (University of California, Los Angeles).

Strengthening rural value chains in Latin America

Global actors can interact along local value chains through international trade and foreign direct investment flows. By leveraging the value-chain approach for rural areas, recent policies have led to economic and social upgrading in Latin America, writes Ramón Padilla Pérez (UN Economic Commission for Latin America and the Caribbean).

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    Productivity provides the key to Peru’s bid for OECD membership

Productivity provides the key to Peru’s bid for OECD membership

Only by investing in innovation, reducing business informality, and producing clearer statistical data will Peru be able to boost its poor productivity and step up to OECD membership, writes Alonso Morán de Romaña (Ministry of Production, Peru).